AnaCap, a private equity investor focused on European financial services, technology and software, is in exclusive negotiations to acquire insurance software provider Cleva from Inetum Group.
The deal would represent AnaCap’s second platform investment in 2024, following the acquisition of a majority stake in Yard Reaas, an investment services and property management platform in April.
Prior to AnaCap’s exclusive negotiations, the business was part of Inetum Group, an information technology service provider that was acquired by Bain Capital in 2022.
Cleva is headquartered in Paris, operating predominantly in France and Portugal and serving more than 60 insurance carriers and brokers. The company employs approximately 550 people with offices in Paris, Lyon, Porto and Lisbon.
Cleva is led by CEO Rodolphe Peim, alongside a management team based in France and Portugal.
